News about Crypto

Bitcoin closed down 4 weeks in a row and is on track for another red candle this week. The last time it did this was in the middle of the bear-market when it fell -42% in 9 weeks. Looks like consolidation to me. 🤔 pic.twitter.com/TPoNmH1gZM

Last night yet another US bank collapsed and was seized by regulators. In March 2023 Silicon Vally Bank, Signature Bank, and First Republic collapsed. #Bitcoin rallied +58% after the initial sell-off, as investors realised the value of a zero counter-party risk store of value… pic.twitter.com/w73OhlI9r6

The crypto community reiterated that bank failures are the "best possible narrative for crypto" cointelegraph.com/news/republic-first-bank-fdic-united-states-regulators-crypto

Here’s what happened in crypto over the last 24 hours. A thread. 🧵 pic.twitter.com/dg46g2YAcL